I received an unexpected sum and need advice on what to do with it. Here is my breakdown, if I’m missing something important please let me know.
Current bank account + savings : $600
Windfall to 2nd checking account : about $48,000
Income: $0, I was laid off from PT job in March (Covid) and in 2019 filed taxes already for about $32k AGI while in grad school.
I expect unemployment checks soon and the estimated: $300/wk pre-tax.
Estimated stimulus check (did have direct deposit for IRS in 2019): $1200 - tax
Debt: Student, currently 0% interest no payments required til I think fall? Total balance approximately $6500
CC (2), total approx $11,000
No-interest furniture debt : approx $2500 if paid at $65/month 2 more years (I have direct debit right now)
Expenses: -car insurance: $100/mo
-payment toward mortgage (fiance owns the house): $400 if I have it
-4 pets and nothing else major necessary besides food and toiletries.
Goals: -start my own local pet business , thinking of small business loan ?
-save smart and grow money for having a family soon (getting married in a couple months)
Thanks in advance for reading and helping !
Submitted April 13, 2020 at 09:26PM by 2599824812 https://ift.tt/3b8jifU
